Special Olympics Montana Inc
- Assets
- $15.1m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 45
- Location
- Great Falls, MT
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 81-0367064
Organization Overview
Special Olympics Montana Inc is located in Great Falls, MT. The organization was established in 1995. According to its NTEE Classification (N72) the organization is classified as: Special Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Special Olympics Montana Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Montana Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Special Olympics Montana Inc generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SPECIAL OLYMPICS IS TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES, GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN A SHARING OF GIFTS, SKILLS AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL OLYMPICS MONTANA, INC HELD STATE GAME EVENTS FOR PERSONS WITH INTELLECTUAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darryl Seymour Chairman | OfficerTrustee | 1 | $0 |
Renee Newman Vice Chairman | OfficerTrustee | 1 | $0 |
Michael Combo Treasurer | OfficerTrustee | 1 | $0 |
Don Cape Jr Director | Trustee | 1 | $0 |
Michelle Cohens Director | Trustee | 1 | $0 |
Joe Dahinden Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,562 |
| Membership dues | $0 |
| Fundraising events | $403,624 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,827,559 |
| Noncash contributions included in lines 1a–1f | $59,923 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,232,745 |
| Total Program Service Revenue | $23,037 |
| Investment income | $190,498 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $121,815 |
| Net Income from Fundraising Events | -$18,594 |
| Net Income from Gaming Activities | $553,340 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,102,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $247,441 |
| Compensation of current officers, directors, key employees. | $27,255 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,120,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $252,360 |
| Payroll taxes | $113,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,743 |
| Advertising and promotion | $1,167 |
| Office expenses | $123,554 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,910 |
| Travel | $234,123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,596 |
| Interest | $1,412 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,667 |
| Insurance | $30,197 |
| All other expenses | $16,573 |
| Total functional expenses | $2,813,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,399,290 |
| Savings and temporary cash investments | $266,738 |
| Pledges and grants receivable | $1,181,344 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,595 |
| Prepaid expenses and deferred charges | $6,145 |
| Net Land, buildings, and equipment | $222,050 |
| Investments—publicly traded securities | $9,939,098 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,757 |
| Total assets | $15,086,017 |
| Accounts payable and accrued expenses | $98,553 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $119,285 |
| Total liabilities | $217,838 |
| Net assets without donor restrictions | $5,156,529 |
| Net assets with donor restrictions | $9,711,650 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,086,017 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Ability Center Park City, UT | $38,811,411 | $14,509,897 |
Special Olympics Washington Seattle, WA | $8,425,298 | $6,003,807 |
Special Olympics Minnesota Inc Minneapolis, MN | $13,442,317 | $10,481,322 |
Special Olympics Colorado Centennial, CO | $6,998,592 | $6,339,664 |
Adaptive Sports Center Of Crested Butte Inc Crested Butte, CO | $20,924,513 | $4,762,935 |
Iowa Special Olympics Inc Grimes, IA | $5,004,217 | $2,952,325 |
F R I E N D S Of Broomfield Broomfield, CO | $4,582,193 | $3,387,883 |
Special Olympics Oregon Inc Beaverton, OR | $5,018,119 | $3,018,917 |
Special Olympics Montana Inc Great Falls, MT | $15,086,017 | $3,102,841 |
Special Olympics Nebraska Inc Omaha, NE | $5,203,901 | $3,096,644 |